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Corcentric Sourcing

An All-In-One Sourcing Platform

Simplify the sourcing process, and create meaningful bottom-line impact.

We help you drive savings, compliance and efficiency from operational to strategic sourcing

Sourcing should be robust and easy to operate. Our automated sourcing platform gives you the collection and analysis capabilities needed to make major improvements to supplier sourcing.

Meet business requirements, lower costs, reduce cycle time, leverage best practices, ensure stakeholder participation and gain visibility into sourcing workflows across your organization.

 

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Increase
Efficiency

Automate sourcing activities and eliminate manual processes that slow your team down.

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Solicit More Proposals

Source more compelling proposals without more manual effort from your team.

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Drive
Value

Use advanced tools and analytics functionality to recognize your true savings potential.

It’s time to get more strategic with your sourcing

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RFx Management

Drive sourcing efficiencies by using preconfigured sourcing templates that support your organization when negotiating cost savings through the utilization of bid optimization and leveraging of supplier data and performance.

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Auctions

Make your competitive sourcing toolbox as robust as possible by utilizing a variety of auction types which result in full visibility and ensure you get the best price.

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Bid Analysis + Award

Analyze bids against constraints and build multiple scenarios, generating more informed insights. Comparing contract awards against select criteria lets you optimize price while spreading risk for various events.

Drive Efficiencies and Compliance

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Did you know?

50%

of total addressable spend in 2019 was competitively sourced by procurement departments.

66%

of procurement leaders believe that gaining earlier engagement on sourcing projects is the single largest opportunity.

<50%

of organizations have automated Sourcing
or Auction technology.

SOURCE: ARDENT PARTNERS

Take sourcing from “three bids and a buy” to sustainable bottom-line impact

Related Sourcing Resources